Investor Presentaiton
Income funds: Mutual funds that invest primarily in fixed-income securities such as bonds,
mortgages, and preferred shares. Their primary objective is to produce income for
investors, while preserving capital.
Investment adviser: Investment counsel to a mutual fund. Also may be the manager of a
mutual fund.
Investment company: A corporation or trust whose primary purpose is to invest the funds
of its shareholders.
Liabilities: All debts or amounts owing by a company in the form of accounts payable,
loans, mortgages, and long-term debts.
Load: Commissions charged to holders of mutual fund units.
Management company: The entity within a mutual fund complex responsible for the
investment of the fund's portfolio and/or the administration of the fund. It is compensated
on a percentage of the fund's total assets.
Management fee: The sum paid to the investment company's adviser or manager for
supervising its portfolio and administering its operations.
Money market fund: A type of mutual fund that invests primarily in treasury bills and
other low-risk, short-term investments.
Mortgage fund: A mutual fund that invests in mortgages. Portfolios of mortgage funds
usually consist of first mortgages on Canadian residential property, although some funds
also invest in commercial mortgages.
Mutual fund: An investment entity that pools shareholder or unitholder funds and invests
in various securities. The units or shares are redeemable by the fund on demand by the
investor. The value of the underlying assets of the fund influences the current price of units.
Open-end fund: An open-end mutual fund continuously issues and redeems units, so the
number of units outstanding varies from day to day. Most mutual funds are open-ended.
Portfolio: All the securities which an investment company or an individual investor owns.
Prospectus: The document by which a corporation or other legal entity offers a new issue
of securities to the public.
Real estate fund: A mutual fund that invests primarily in residential and/or commercial
real estate to produce income and capital gains for its unitholders.
Real estate investment trust: A closed-end investment company that specializes in real
estate or mortgage investments.
Risk: The possibility of loss; the uncertainty of future returns.
Consultation paper
Page 24View entire presentation